VALDOSTA – Imagine giving two fourth-grade elementary students $100,000 and trusting them to invest it in the stock market.
Well, that is almost what the Georgia Council for Economic Education did for 12 fourth- and fifth-grade gifted students at J.L. Lomax Elementary School, according to city school officials.
Students who participate in the stock market game with GCEE are given a “hypothetical portfolio of $100,000 that they invest over a 10-week period. The team from each public school district with the highest value at the end of the ten-week trading session wins,” according to the GCEE website.
The GCEE stated the purpose of the stock market game “is designed to give Georgia teachers a tool for showing students how scarcity, trade, opportunity cost, voluntary exchange, price incentive, specialization, productivity and many other economic concepts play out in financial institutions they hear about in the news almost daily. Unlike real equity markets, the stock market game offers students a safe, pain-fee place to learn that the lessons of market economics can sometimes be costly.”
Even the teacher, Dr. Lauren Whittaker, learned costly lessons the hard way, finishing up with less than she invested 10 weeks later, according to school officials.
One team, however, came out on top.
Jose Pineda and Ahmad Smith, both fourth graders, ended with a portfolio value of $107,978.71, increasing their portfolio by almost $8,000. Their investments made more money than any other students in their congressional district, beating 46 teams, according to the release.
The students are one of 14 elementary teams (one from each congressional district) invited to be recognized at the annual stock market game luncheon at the state Capitol in May.
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